Singapore Morning News For March 15

Singapore morning news by AEC News Today is your one stop source for Singapore news on matters of governance and policies affecting Asean business communities.

Singapore Warns Investors about Trading Unregulated Binary Options
The Monetary Authority of Singapore (MAS) today issued a warning to investors in the country regarding trading of binary options with unregulated platforms. The regulator says this comes in the wake of an increase in the number of complaints from people who have suffered financial losses from such investments.
— Finance Magnates

SGX raises pro-rata renounceable rights issue cap
Singapore Exchange (SGX) has enabled companies to seek a general mandate for an issue of pro-rata renounceable rights shares of up to 100% of the share capital, up from 50% previously.
— Singapore Business Review

Indonesia holds investment week in Singapore
The government is holding an event to attract foreign investors called “Indonesia Investment Week Singapore Chapter 2017,” which started on Monday and will end on Wednesday.
— The Jakarta Post

Singapore Eases on Property After Home Price Drop: QuickTake Q&A
Home prices in Singapore have ground steadily lower after reaching a record in 2013, when the government imposed the last of a slew of measures to cool a red-hot market. Last week, authorities in the tiny Southeast Asian island-state loosened some of those restrictions, causing developers’ shares to jump. Is this the end of the cooling measures?
— Bloomberg

Singapore: LTA to open new underpass from Sims Way to Nicoll Highway
Land Transport Authority (LTA) will be opening a new vehicle underpass at the junction of Nicoll Highway and Sims Way at 6am on 2 April. The news was confirmed in a press release by the statutory board, which is under the Ministry of Transport of Government of Singapore, on Tuesday.
— International Business Times

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